The Peak in Beverly Hills takes haircut on price, sells for $32M

A residential lot minutes from the Beverly Hills Hotel landed $31.8 million — less than half of what the property sought a few years ago. Nicknamed The Peak, 1005 North Alpine Drive in Beverly Hills hit the market in 2022 for $65 million. It was most recently listed at $39.5 million. Despite falling short of that initial asking price, it’s still one of the city’s pricier 2026 deals. It comes in as the third most expensive residential trade this year in Beverly Hills, behind March’s $47 million off-market sale of 1111 Calle Vista Drive. The Calle Vista deal currently tops […]This article originally appeared on The Real Deal. Click here to read the full story.